boardroom, governance

12 December, 2017

‘Communication gap’ found between audit committee chairs and auditors

A "communication gap" between audit committee chairs and auditors over the level of materiality applied during an audit is occurring in a significant number of companies, according to a thematic revie...
boardroom, chair, chairman, board, ftse 100

11 December, 2017

One-fifth of FTSE 100 chairs could be affected by nine-year tenure rule

Almost a fifth of boardroom chairmen in the FTSE 100 could be forced to move on from their role after nine years, according to proposed measures in a
Theresa May, prime minister

8 December, 2017

UK’s draft new governance code has a social mission

There were no big condemnations, no one cried foul; the release of the F...
governance code, UK Corporate Governance Code, FRC

5 December, 2017

Plans released for ‘shorter, sharper’ UK Corporate Governance Code

Proposals for a “shorter, sharper” UK Corporate Governance Code have been published by the Financial Reporting Council (FRC). Building on the findings from the
pay slip, wages, salary, remuneration

5 December, 2017

Remuneration committees’ remit broadened under revised UK Code

Wider workforce pay and policy influence, and details on how this relates to executive remuneration, would come under the remit of remuneration committees under a revised UK Corporate Governance Code....
Stephen Haddrill, FRC

30 November, 2017

FRC: We should have moved more quickly on KPMG/HBOS audit inquiry

Accountancy’s watchdog has admitted that it should have taken a more “proactive approach” in delving into KPMG’s work as auditor of failed bank HBOS. A Financial Reporting Council (FRC) rep...
UN SDGs, Sustainable Development Goals

14 November, 2017

Call for more corporate reporting on UN Sustainable Development Goals

The UK’s corporate governance watchdog should explore ways to increase transparency in corporate reporting of company contributions towards the UN’s Sustainable Development Goals (SDGs), according...
Japan, stewardship code, Abenomics

13 November, 2017

Origins of investor stewardship and the Japan code

Stewardship is not a new concept. The seminal 1992 Cadbury Report recommended that investors should disclose their policies on the use of their v...
Stephen Haddrill, FRC

27 October, 2017

Regulator seeks to hold international audit networks to account

The leadership of global audit networks should be held to account, and work is underway to see how it can be achieved, according to the chief executive of the UK's audit regulator. Currently audit ...